TribLIVE

| Business


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

U.S. employers posted fewer jobs, hired more

On the Grid

From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.

By The Associated Press
Tuesday, Sept. 10, 2013, 7:24 p.m.
 

WASHINGTON — Employers advertised fewer jobs in July but hired more workers, a mixed sign that suggests only modest improvement in the job market.

Job openings fell 180,000 in July to 3.7 million, the Labor Department said Tuesday. That's down from 3.9 million the previous month, which was revised lower.

Overall hiring increased to 4.4 million, up from 4.3 million in June and 4.17 million a year ago. Still, hiring has fluctuated in recent months and remains below the 5 million pace before the recession.

Layoffs dropped to 1.5 million, the lowest level on records dating to 2001.

The latest data on job openings and turnover in the workforce reaffirmed the painfully slow but steady progress taking place over the past three years. The economy is adding jobs. But much of the improvement has come from a drop in layoffs — not rapid hiring.

Employers added 169,000 net jobs in August, and many fewer than thought in July and June, the government said Friday. The unemployment rate fell to 7.3 percent, but only because more people gave up looking for work.

 

 
 


Show commenting policy

Most-Read Business Headlines

  1. Amusement parks fight off home entertainment threat
  2. Lower gasoline prices fail to spur consumer spending
  3. State officials prompt UPMC, Highmark to go to mediation to resolve Medicare dispute
  4. BNY Mellon trader fired in conduct probe
  5. Highmark and UPMC feud over canceled physician contracts
  6. Caution creeps into economic picture as consumer, business spending taper
  7. S&P 500 logs 47th record high close for year
  8. Shell set to buy land in Beaver County for potential ethane cracker
  9. Butler County firm Deep Well Services tackles tough gas wells
  10. Retailers that won’t open on Thanksgiving hope move pays off
  11. Merry marijuana: Holiday shoppers urged to think pot
Subscribe today! Click here for our subscription offers.